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Shares of Park Electrochem Rank the Highest in Terms of Forward P/E Ratio in the Electronic Manufacturing Services Industry (PKE, IPGP, CTS, PLXS, BHE)

By David Diaz

Below are the three companies in the Electronic Manufacturing Services industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Park Electrochem ranks highest with a a forward P/E ratio of 41.76. Following is Ipg Photonics with a a forward P/E ratio of 24.61. Cts Corp ranks third highest with a a forward P/E ratio of 18.96.

Plexus Corp follows with a a forward P/E ratio of 16.82, and Benchmark Electr rounds out the top five with a a forward P/E ratio of 15.94.

SmarTrend recommended that its subscribers protect gains by selling shares of Park Electrochem on January 22nd, 2018 by issuing a Downtrend alert when the shares were trading at $19.09. Since that call, shares of Park Electrochem have fallen 7.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio park electrochem ipg photonics cts corp plexus corp benchmark electr

Ticker(s): PKE IPGP CTS PLXS BHE